All articles by Verdict Staff

Verdict Staff

Kennox Asset Management unveils new Luxembourg SICAV feeder fund

UK-based Kennox Asset Management has unveiled a new Luxembourg- domiciled SICAV Feeder Fund to provide investors access to its flagship Strategic Value Fund.

Wealth firm 3Macs signs collaborative agreement with Desjardins Securities

3Macs, a Canada-based wealth management firm, has entered into a collaborative agreement with Desjardins Securities, the brokerage firm of Desjardins Group.

BlackRock launches Asian Growth Leaders Fund for HK retail investors

BlackRock has rolled out its Luxembourg-domiciled Asian Growth Leaders Fund to retail investors in Hong Kong, which was earlier, only available to professional investors in the region.

Update: Barclays Wealth chief executive to step down

Peter Horrell, CEO of Barclays Wealth and Investment Management, is set to step down from his position at the end of the year after a spell of 23 years at the firm.

WE Family Offices expands its investment committee

WE Family Offices has added Alexander Calvo and Walter Molano to its strategic investment committee.

Schroders & experts from Imperial College London collaborate on multi-asset study

Schroders Multi-Asset Investments and Portfolio Solutions (MAPS) has collaborated with Professor Tony Constantinides, Director of the newly created Imperial College Financial Signal Processing Laboratory (FSP).

City Financial names new CFO

City Financial has named Chris Coombe as its new chief financial officer, effective 23 June 2014.

IRS revises offshore tax amnesty program

The US Internal Revenue Service (IRS) has announced major changes in its offshore voluntary compliance programs, providing new options to help both taxpayers residing overseas and those residing in the US.

Innovation is increasingly defining which financial companies thrive and those that don’t, says BNY Mellon president

Opening the 16th annual Global Funds Conference hosted by the Irish Funds Industry Association (IFIA) in Dublin, BNY Mellon President Karen Peetz took to the stage to stress the importance of innovation in the survival of financial services companies around the world.

Millennials confident about financial future: Spectrem study

Spectrem Group’s 2014 study of Affluent households has found a heightened confidence among the youngest respondents about their financial futures. More than half expect their personal financial situation to be stronger a year from now, compared with 48% of respondents overall with a net worth of at least $100,000.